Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) : 3.42% of the shares held by the controlling shareholder will be auctioned by the judiciary

Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) (600872) announced on February 20 that the company received the notice from the controlling shareholder Zhongshan Runtian on February 20, and it received the notice from the Lhasa intermediate people's court. In the case of financial loan from Tibet bank, Lhasa intermediate people's court will judicially auction 27.244 million non restricted circulating shares of the company held by Zhongshan Runtian on the Internet platform, accounting for 3.42% of the total share capital of the company.

The announcement shows that the auction time is from 10:00 on March 22, 2022 to 10:00 on March 23, 2022 (except for delay). At the same time, the auction is divided into four batches. The first to third batches auction 7.966 million shares in each batch, accounting for 1% of the total share capital of Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) respectively; The fourth batch auctioned 3.344 million shares, accounting for 0.42% of the total share capital.

Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) said that at present, the above judicial auction matters are still in the publicity stage, and the follow-up will involve auction, payment, equity change and transfer, and the auction results are still uncertain.

According to the data, Zhongshan Runtian currently holds 193 million Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) shares, accounting for 24.23% of the total share capital of the latter. Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) said that if the above judicial auction is successful, it will not lead to the change of the company's actual control, affect the company's production and operation, and cause the company's equity distribution not to meet the listing conditions.

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